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How to fight inflation with moomoo Cash Plus
By Beansprout  •  September 13, 2022
This post was created in partnership with Moomoo Financial Singapore Pte. Ltd. All views and opinions expressed in this article are Beansprout's independent and professional opinions. Neither Moomoo Singapore or its affiliates shall be liable for the content of the information provided. This advertisement has not been reviewed by the Monetary Authority of Singapore. What happened? One of the questions we get most often is what’s a good way to fight inflation through our investments.  After all, Singapore’s headline inflation reached 7% in July. Core inflation, which excluded accommodation and private transport costs, rose to a 13-year high of 4.8% in July, exceeding economists’ expectations.  The Ministry of Trade and Industry (MTI) said that core inflation is “projected to stay elevated over the next few months before it begins to ease towards the end of the year”. For 2022, the Monetary Authority of Singapore (MAS) has forecast that core inflation will be 3-4%, while headline inflation will be at 5-6%. ...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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